Huge rallies in Turkey mark failed 2016 coup

Agencies
July 16, 2017

Turkey, Jul 16: Tens of thousands of people gathered at a massive rally in Istanbul, marking one year since the defeat of the coup aimed at ousting President Recep Tayyip Erdogan from power.

Turkey

Joining the crowd gathered on Saturday at the Bosphorus Bridge, now known as the July 15 Martyr's Bridge, Erdogan threatened to "chop off the heads" of those involved in the coup.

"First of all we will chop off the heads of those traitors," Erdogan said as reaffirmed previous comments to sign any bill passed restoring capital punishment.

"We are a state governed by rule of law. If it comes to me after parliament, I will sign it," he said. Restoring the death penalty would effectively end Ankara's European Union membership ambitions.

Erdogan also praised the "people's faith" in facing up the armed coup plotters.

Erdogan arrived from the capital Ankara on his official plane accompanied by an F-16 fighter jet, news agency reported.

The authorities declared July 15 an annual national holiday of "democracy and unity", billing the foiling of the putsch as a historic victory of Turkish democracy.

"It's one year since the darkest night was turned into an epic," Prime Minister Binali Yildirim told a special session of parliament that kicked off a day of celebrations set to last until dawn.

He said the night of July 15 was a "second War of Independence" after the war that led to the creation of the modern Turkish state in the ruins of the Ottoman Empire in 1923.

About 249 people, not including the plotters, were killed when a disgruntled faction of the army sent tanks into the streets and war planes into the sky in a bid to overthrow Erdogan.

But they were thwarted within hours as the authorities regrouped and people poured into the streets in support of Erdogan, who blamed followers of his ally-turned-nemesis, the US-based preacher Fethullah Gulen.

Tens of thousands carried the Turkish flag while others brandished pictures of the "martyrs" who died defeating the coup bid as a sea of people stretched from the bridge.

People chanted "we are soldiers of Tayyip [Erdogan]" and called for the reinstatement of the death penalty for the coup plotters, with some even brandishing nooses.

At 2100 GMT, people across Turkey took part in "democracy watches", rallies commemorating how people poured out into the streets.

'Post-coup purge'

In the wake of the failed coup bid, authorities embarked on the biggest purge in Turkey's history, arresting 50,000 people and sacking almost three times as many. Erdogan also shored up his position by winning a referendum on enhancing his powers earlier this year.

In the latest dismissals, another 7,563 police, soldiers and other state employees were fired late on Friday under the state of emergency that has been in place since July 20 last year.

Turkey's opposition put political disputes aside on the night of the putsch.

Erdogan, who was present at the session, gazed down stonily from the VIP balcony.

Erdogan later returned to Ankara and, at 2300 GMT, gave a speech in parliament to mark the time the building was bombed last year.

Al Jazeera's Sinem Koseoglu, reporting from Ankara, said Erdogan, in his speech in front of the parliament, said the fight against the treason will continue.

"In front of the parliament, the president emphasised its importance. He also said they will continue efforts to clean the institution of the Gulen group within the state," she said.

"Erdogan also named the coup plotters as traitors, saying the fight against treason will conitnue."

The coup bid also frayed ties between the United States and European Union with NATO member Turkey, which accused its allies of failing to show solidarity.

Gulen has always denied involvement and in a new statement Friday said the accusations were "baseless, politically motivated slanders" and slammed a "witch hunt" of Erdogan's critics.

Comments

hussain
 - 
Tuesday, 18 Jul 2017

very funny , promoter of shirk became promoter of peace. ))

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Agencies
June 18,2020

New Delhi, Jun 18: Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms - the maximum reports suggest the company intends to dilute to financial investors.

The investment by Saudi sovereign wealth fund is "at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore", the company said in a statement.

With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic, resulting in a recession kind of environment for the global economy.

"With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India," the statement said.

Jio Platforms houses India's biggest telecom firm by subscribers, Reliance Jio. With more than 388 million users, Jio has forced out several rivals and driven consolidation in the sector since entering the market in 2016 with free voice services and cut-price data.

Over the past two months, billionaire Mukesh Ambani's oil-to-telecom conglomerate has announced the sale of about $14 billion of assets, completed a Rs 53,124 crore rights issue and slowed the run rate of new investment by a quarter.

These will help Reliance meet its target of paying off Rs 1.61 lakh crore of net debt by the end of the year.
This is PIF's largest investment into the Indian economy to date.

Ambani, chairman and managing director of Reliance Industries, said, "We at Reliance have enjoyed a long and fruitful relationship with the Kingdom of Saudi Arabia for many decades. From oil economy, this relationship is now moving to strengthen India's New oil (data-driven) economy, as is evident from PIF's investment into Jio Platforms."

Yasir Al-Rumayyan, governor of PIF, commented: "We are delighted to be investing in an innovative business which is at the forefront of the transformation of the technology sector in India. We believe that the potential of the Indian digital economy is very exciting and that Jio Platforms provides us with an excellent opportunity to gain access to that growth."

"This investment will also enable us to generate significant long-term commercial returns for the benefit of Saudi Arabia's economy and our country's citizens, in line with our mandate to safeguard and grow the national wealth of the Kingdom," he said.

The transaction is subject to Indian regulatory and other customary approvals.

Morgan Stanley acted as financial advisor to Reliance Industries and AZB & Partners and Davis Polk & Wardwell acted as legal counsels.

Prior to this deal, Reliance had sold 22.38 per cent of Jio Platforms to investors including Facebook Inc, securing Rs 104,326.95 crore in eight weeks.

Facebook kicked off the party, investing Rs 43,573.62 crore for a 9.99 per cent stake on April 22. This was closely followed by a further Rs 60,753.33 crore in investment.

Silver Lake - the world's largest tech investor - bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore on May 4. It invested another Rs 4,546.80 crore for additional 0.93 per cent stake on June 5, taking its total holding to 2.08 per cent
Private equity KKR and Vista Equity Partners have taken 2.32 per cent stake each for Rs 11,367 crore apiece. KKR invested in Jio Platforms on May 22 while Vista invested on May 8.

Abu Dhabi sovereign wealth fund Mubadala Investment Co picked up 1.85 per cent in Jio Platforms for Rs 9,093.60 crore on June 5. Abu Dhabi Investment Authority on June 7 invested Rs 5,683.50 crore for a 1.16 per cent stake in Jio Platforms.

On May 17, global equity firm General Atlantic picked up 1.34 per cent stake in Jio Platforms for Rs 6,598.38 crore.

Global investment firm TPG on June 13 picked up 0.93 per cent for Rs 4,546.80 crore while L Catterton bought 0.39 per cent for Rs 1,894.50 crore.

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News Network
April 30,2020

Riyadh, Apr 30: Saudi Arabia on Thursday recorded 1,351 new coronavirus cases in the last 24 hours, bringing the total number of infections in the country to 22,753, the Ministry of Health said in a statement.

The ministry also announced 5 more deaths and 210 new recoveries, raising the total number of fatalities and recoveries to 162 and 3,163 respectively.

Riyadh with 440 cases topped the list, followed by 392 cases in Makkah, 120 in Jeddah and 119 in Madinah.

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News Network
May 7,2020

Dubai, May 7: The holy month of Ramadan is expected to be a 30-day month this year, said Ibrahim Al Jarwan, member of the Arab Union for Astronomy and Space Sciences.

According to Arabic daily Emarat Al Youm, he said that Sunday, May 24, will mark the end of the holy month of Ramadan and the beginning of Shawwal.

Additionally, he said that the crescent of Shawwal will occur on Friday, May 22, at 9.39pm, after sunset, and will be visible on Sunday, May 24, the beginning of Shawal, which makes Ramadan a 30-day month this year.

He added that the next Ramadan is expected to start on April 13, 2021, and the one after that on April 2, 2022.

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